• Source:JND
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The Employees' Provident Fund Organization has solicited its members, especially new employees, to activate their UAN and connect their Aadhaar with their bank account to reap the benefits of the ELI scheme introduced by the Government of India and which comes into effect on 15th January 2025.

ELI Scheme, launched by the Central Government under the 2024 Budget, is to create employment opportunities for the youth and push the formalization of jobs. The EPFO administers the scheme, enabling direct transfer of financial incentives to eligible beneficiaries.

Steps to Activate UAN Online

Activate UAN online to be eligible for the ELI scheme with the following steps-

1. Visit EPFO's official website.
2. Under Services, click on "For Employees".
3. Select "Member UAN Online Service (OCS/OTCP)".
4. Click on "Activate UAN" in the Important Links section.
5. Enter your UAN, Aadhaar number, your date of birth, name, and the mobile number registered with Aadhaar.
6. After that, part with the captcha code and choose the option "Get Authorization Pin".
7. Enter the OTP received on your Aadhaar-linked mobile number and submit.
8. After activation, a password will be communicated through your registered mobile number. The user needs to log in with the UAN and the password to change it for secure access.

Benefits of EPFO ELI Scheme:

Importance of UAN Activation

- UAN activation not only ensures eligibility for the ELI scheme but also grants access to various EPFO services, including the following:

- View and download the passbook

- Online claims submission

- Claim status tracking

- Updating personal details

Benefits and Categories of the ELI Scheme

The three sub-schemes of the ELI scheme are designed to enhance employment generation and financial help to new employees:

Scheme A

- For first-time employees of the formal sector.

- The government pays the employee one month's salary in 3 instalments limited to ₹ 15,000.

- Employees earning up to ₹ 1 lakh monthly are eligible.

Scheme B

-To boost employment in the manufacturing sector.

-The government is to contribute towards EPFO contributions of both employees and employers for the first four years.

Scheme C

-Encourages additional job creation across sectors

-For employees earning up to ₹1 lakh monthly.

-Employers shall be paid up to ₹3,000 per employee for two years.

The Deadline for UAN Activation is Extended

After being set to finish on November 30, 2024, it was, however, further extended to 15th December 2024, and now has been extend to 15th January 2025. This would provide more time for new employees to activate their UAN and link their Aadhaar to bank accounts.

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